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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »

2020-8-11 02:00


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Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […] дальше »

2020-8-11 23:00


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Bitcoin Bulls Fight for Key Resistance as Analysts Target Rally to $14k

Bitcoin has witnessed some immense turbulence throughout the past few weeks, but has mostly been seeing a consolidation phase throughout the past several days The cryptocurrency is now battling to surmount $12,000 – a resistance level formed just over one week ago This level has been briefly surmounted on multiple occasions, but each time has been followed by an influx of selling pressure that sends it lower The cryptocurrency is now at a pivotal point, […] дальше »

2020-8-11 21:00


Chainlink Flips Bitcoin Volume on Coinbase; How Long Can Its Uptrend Last?

Chainlink has been caught in the throes of an intense bull run throughout the past few weeks The cryptocurrency has been significantly outperforming the aggregated market and has now secured its spot as the sixth-largest digital asset by market capitalization Analysts are now observing that LINK trading volume on Coinbase is far outpacing that of Bitcoin This points to growing interest from traders to gain exposure to the token As for where it may go […] дальше »

2020-8-10 22:00


XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader

XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could […] дальше »

2020-8-8 02:59


XRP May Explode Higher After “Destroying” a Macro Downtrend Line

XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »

2020-8-8 00:00


Ethereum is Showing Early Signs of Weakness; Is the Top in?

Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »

2020-8-8 23:00


Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »

2020-8-8 21:00


These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level

Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […] дальше »

2020-8-6 02:00


This Newly Formed Structure Could Cause Bitcoin to See Major Losses

Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »

2020-8-5 02:00


Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs

Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »

2020-8-5 21:00


Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic

Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to hold it above multiple crucial levels throughout the past couple of days This is leading some traders to remain firmly bullish on the benchmark cryptocurrency’s […] дальше »

2020-8-4 02:00


Chainlink is About to Print an “Extremely Bullish” Pattern as Analysts Eye Upside

Chainlink has seen some volatile price action throughout the past couple of days, with its price oscillating between lows of $7.40 and highs of $8.80. This volatility has come as it decouples from the price action seen by Bitcoin and the aggregated crypto market – which, for the time being, is a positive technical development. […] дальше »

2020-8-4 02:00


XRP Posts Classic “Bearish Retest” Pattern as Analysts Eye Lower Lows

XRP has been able to post some notable gains throughout the past couple of days Its recent upswing has even come about as Bitcoin and Ethereum both reel lower as a result of their latest rejections Despite being laggard throughout the early phases of this rally, the embattled crypto is now looking strong Analysts are still cautious about its mid-term outlook, however, as this latest upswing could simply mark a “bearish retest” of the upper boundary […] дальше »

2020-8-4 23:00


Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level

Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its weekly candle above $11,700 This is a historically important level that analysts were closely watching over the past couple of […] дальше »

2020-8-4 21:00


Why Analysts Expect Ethereum to See Further Downside Following Intense Selloff

Ethereum witnessed some intense overnight volatility that caused its price to slide as low as $300 This intense selling pressure came about in tandem with that witnessed by Bitcoin – which caused its price to slide down to lows of $11,000 Analysts are now noting that ETH may be positioned to see further downside due to the strength of this movement Although it has found some support and stability within the mid-$300 region, weakness against […] дальше »

2020-8-3 22:00